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    Property profile & analytics

    423 Shepherd St Sonora, CA 95370-5125

    • Apartment buildings
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    $260,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2058745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 423 Shepherd St

    Lot size
    0.18 lot acres
    Zone code
    R-2
    Property type
    Apartment buildings
    APN
    002-191-002-000
    APU
    2191002000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sonora
    County
    Tuolumne
    State
    California
    Longitude
    -120.38
    Latitude
    37.9799
    CBSA code
    43760
    CBSA name
    SONORA, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,747
    $32,516
    $230,635
    $263,151
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,620 SF

      308 Washington St

      Multifamily properties • 5,620 SF
      308 Washington St, Sonora, CA 95370
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    • Value Estimation by Request
      5,244 SF

      241 Hospital Rd

      APARTMENT HOUSE (5+ UNITS) • 5,244 SF
      241 Hospital Rd, Sonora, CA 95370-5281
      View Details
    • Value Estimation
      $320,000
      0.81 Acres

      13058 Beckwith Rd

      APARTMENT HOUSE (5+ UNITS) • 0.81 Acres
      13058 Beckwith Rd, Sonora, CA 95370-6987
      View Details
    • Value Estimation
      $345,000
      0.80 Acres

      12994 Beckwith Rd

      APARTMENT HOUSE (5+ UNITS) • 0.80 Acres
      12994 Beckwith Rd, Sonora, CA 95370-6912
      View Details
    • Value Estimation
      $245,000
      0.20 Acres

      313 Stewart St

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
      313 Stewart St, Sonora, CA 95370-5069
      View Details
    • Value Estimation
      $365,000
      4.51 Acres

      12850 Chukar Cir

      APARTMENT HOUSE (5+ UNITS) • 4.51 Acres
      12850 Chukar Cir, Sonora, CA 95370-5951
      View Details

    Similar Nearby for Sale

    • $899,000
      4,943 SF

      Well-Maintained 5-Plex Near Downtown Sonora

      Newer 5-unit apartment building in a desirable location.
      13079 Beckwith Rd, Sonora, CA 95370
      View Details
    • $299,999
      3.69 Acres

      Sonora Residential Land - 3.69 Acres

      Prime Sonora land, stunning views, build your dream home.
      18351 Olov Rd, Sonora, CA 95370
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    • $395,000
      1,586 SF

      Sonora Home with Homestead Potential

      Updated home on 1.7 acres near East Sonora amenities.
      19326 Susan Way, Sonora, CA 95370
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    • $1,725,000
      22.00 Acres

      Sonora Residential Land Development

      22 Acres, 46 Home Sites, Shovel-Ready
      1375 Shaws Flat Rd, Sonora, CA 95370
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    • $1,260,000
      9,000 SF

      Sonora Industrial Investment Opportunity

      9,000 SF Fitness Center, 2.78 Acres
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    • $389,000
      30.00 Acres

      30 Acres of Mining Land

      30 acres of mining land in a rich gold reserve.
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      1,782 SF

      Commercial Space Available For Lease

      Commercial space for lease in well-maintained property.
      691 Pauline Ct, Sonora, CA 95370
      View Details
    • $9 SF/Yr
      5,360 SF

      Sonora Industrial Space For Lease

      5,360 SF Manufacturing/Warehouse
      21109 Longeway Rd, Sonora, CA 95370
      View Details
    • Contact for pricing
      2,300 SF

      Sonora Commercial Office Building

      Prime Sonora location, 2300 sq ft office space
      21028 Longeway Rd, Sonora, CA 95370-0418
      View Details
    • Contact for pricing
      340,834 SF

      Sonora Crossroads Shopping Center Space

      Large shopping center anchored by national retailers.
      Hwy 108/Mono Way, Sonora, CA 95370
      View Details
    • Contact for pricing
      924 SF

      Retail Space Available For Lease

      Retail spaces available, ranging from 700 to 10,560 square feet.
      14671 Mono Way, Sonora, CA 95370
      View Details
    • Contact for pricing
      10,560 SF

      Retail Property in Sonora, CA

      Retail property featuring 10,560 square feet in Sonora, CA.
      14695 Mono Way, Sonora, CA 95370
      View Details
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    423 Shepherd St
    Sonora, CA 95370-5125
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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